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NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

Published 1 week ago1 minute read
NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains
Rio Grande LNG site in March 2025 (Image: NextDecade)

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US LNG exporter Venture Global LNG is withdrawing its FERC application for the proposed 24.4 mtpa Delta LNG export facility in Louisiana. Instead, Venture Global will focus on expanding its Plaquemines LNG export facility in Louisiana.

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Japan's power firm and LNG trader Jera has signed 20-year agreements to buy up to 5.5 million tonnes per year of LNG from the United States. The deals include an SPA with Commonwealth LNG and the previously announced SPA with NextDecade, as well as heads of agreements with Sempra Infrastructure and Cheniere.

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